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Millmerran QLD 4357
Sold on 17 Feb 2023

Millmerran QLD 4357

  • Hotel, Motel, Pub & Leisure
  • 1 m²
  • Sold

SMALL LEASEHOLD WITH BIG PROFITS 45% ROI - ID 2046ML

    We are pleased to offer this great option for someone looking to enter the industry and get ahead in life. For a small motel it punches above its weight in regard to turnover and profit.

    This budget style motel is centrally located on the main street of Millmerran and is a leisurely walk for your guests to the pub or club for dinner.

    The motel offers:

    - 11 rooms: 2 queen, 6 twin and 3 family rooms.

    - Onsite kitchen separate to the residence if you want to offer food.

    - Small breakfast room if needed.

    - Undercover barbeque area for guests.

    - 2 bedroom residence with small attached reception.

    - Ample parking onsite and in rear street for larger vehicles.

    - Leasehold Motel

    The motel mainly caters to workers and people visiting relatives in town. Twice a year the local power station shuts down for maintenance and the property is fully booked for those 60 days for the next four years.

    The current owners are looking to retire and offer this little cash cow to a new operator on a walk-in walk out basis.

    Call now to arrange a private inspection.

    Net profit $181,217 for 2022 as provided by vendor

    Contact Tony Johnson from Tourism Brokers for further information or to arrange an inspection.

    Property ID: 2046ML (quote when enquiring)

    Location: Millmerran Shire boasts a diverse range of rural primary production enterprises. From traditional sheep and cattle grazing through to fish farming, from cotton to broccoli, from intensive piggeries and egg farms to geraldton wax flowers and olives, from organic farming to feedlots, from cereal grains to timber. Located on the western fringe of the Darling Downs, Millmerran offers a fascinating mix of experiences, sights and characters. You will see the best of Darling Downs living in the rich agricultural area of the Condamine and Macintyre catchments, and experience the spirit of the Western Downs through the town's unique attractions and festivals.

    Property Code: 4244

    Property Highlights

    Date Sold17 Feb 2023
    Floor Area1 m²
    Land Area1,700 m²
    ParkingAsk Agent
    Property ID2017982841
    Category
    Last updated  17 Feb 2023
    Map for Millmerran QLD 4357

    Property Highlights

    Date Sold17 Feb 2023
    Floor Area1 m²
    Land Area1,700 m²
    ParkingAsk Agent
    Property ID2017982841
    Category
    Last updated  17 Feb 2023
    170 Scarborough St Southport QLD 4215

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